Union Bay Acquisition Expands into Delaware with New Acquisition

Union Bay Acquisition

LANSDALE, PA — Union Bay Acquisition LLC has acquired the commercial insurance business of Poland & Sullivan Insurance Inc. based in Newark, Delaware. The terms of the deal were not disclosed. This acquisition marks Union Bay’s 13th and extends its operations into Delaware, adding to its existing presence in five other states.

John Yasik, President of Poland & Sullivan Insurance, expressed confidence in the merger. “Poland & Sullivan made a good choice combining its commercial book of business with Union Bay,” he said. “We believe this transaction will benefit our insureds and our insurance company partners.”

Douglas M. Polley, Chairman of Union Bay Acquisition, welcomed the new addition. “We are pleased to welcome Poland & Sullivan Insurance,” Polley stated. “John Yasik and his team are skilled professionals with deep knowledge of property-casualty insurance. We are excited to augment our portfolio with their expertise in Delaware.”

Union Bay aims to leverage Poland & Sullivan’s local expertise to enhance its service offerings in the region.

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